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As the Vice President of Production, Kim Gonzales's year-to-date earnings as of November 30 were $93,600. During the month of December, Kim earned $6800. Assume
As the Vice President of Production, Kim Gonzales's year-to-date earnings as of November 30 were $93,600. During the month of December, Kim earned $6800. Assume that the wage ceiling for Social Security is $128,400, the tax rate for Social Security is 6.2%, there is no wage ceiling for Medicare, and the tax rate for Medicare is 1.45%. For Kim's December wages, calculate the following
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